Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Impact
XRP Lawsuit Update Today: Here’s How the Ripple vs. SEC Lawsuit Ended and Its Impact on XRP Price
The post XRP Lawsuit Update Today: Here’s How the Ripple vs. SEC Lawsuit Ended and Its Impact on XRP Price appeared first on Coinpedia Fintech News Finally, XRP is not a Security! This is a big win for the entire XRP community, which believes in Ripple’s commitment to crypto. In a landmark decision, a federal judge has issued a split ruling in the long-running legal tussle between Ripple and the SEC over XRP. XRP Not a Security: Court Rules Judge…
10 months ago
Aventus Supply Chain Solution Demonstrates Polkadot’s Impact on Aviation Inudstry
London, United Kingdom, August 7th, 2024, Chainwire Blockchain-based solution drives significant improvements in data visibility, accuracy and operational efficiency within cargo handling sector, according to research conducted by Aventus at Heathrow Airport Airlines can benefit from overall cost savings in their cargo handling operations by leveraging Web3-based solutions, according to a study conducted by Aventus & Airport Perishables Handling (APH) at Heathrow Airport. The existing toolset used for global ULD management has remained unchanged since the 1990s and relies heavily…
10 months ago
Trump’s $35 Trillion Debt Plan: Analysing The Impact on Cryptos
The post Trump’s $35 Trillion Debt Plan: Analysing The Impact on Cryptos appeared first on Coinpedia Fintech News Donald Trump recently suggested that the United States could use Bitcoin to pay off the country’s national debt. The idea triggered serious debates, especially inside the crypto community. Could Bitcoin really help tackle the national debt? More importantly, what would this mean for the crypto industry, how might BTC’s price react? Let’s dive into these questions deeper! US Debt Crisis: An Overview …
10 months ago
The Impact of Central Bank Digital Currencies (CBDCs) on the Crypto Ecosystem
The post The Impact of Central Bank Digital Currencies (CBDCs) on the Crypto Ecosystem appeared first on Coinpedia Fintech News I. Introduction A brief definition of CBDCs CBDCs are digitized versions of national fiat money directly controlled by a country’s central bank. While Bitcoin and Ethereum remain decentralized virtual currencies, where entire systems function as a distributed network without central authorities, CBDCs promote state regulation and management of financial circulation with state-controlled monetary policies. Current Status of CBDC across the…
10 months ago
Ethereum ETFs Struggles To Have a Positive Impact On Price, Whilst Investors Purchase Now Crypto at $0.00107
The recent performance of Ethereum (ETH) and the emergence of new tokens like Mpeppe (MPEPE) are capturing the attention of investors. While Ethereum (ETH) ETFs have yet to produce the anticipated boost in price, Mpeppe (MPEPE) is gaining traction as an intriguing investment opportunity. Here’s why investors are shifting their focus to Mpeppe (MPEPE) at its current price of $0.00107, despite the challenges faced by Ethereum (ETH) ETFs. Ethereum ETFs: A Disappointing Performance The Promise of Ethereum ETFs Ethereum (ETH)…
10 months ago
US Economic Calendar: Events That Could Impact Crypto Market This Week
The crypto market’s correlation with key macroeconomic events has returned after dissipating for most of 2023. With the influence back on, crypto market participants must brace for volatility with key releases lined up this week. In a sentiment-driven market, getting ahead of market-moving economic data releases is critical for traders and investors looking to revise their trading strategies. What Could Cause Market Volatility This Week Four events will be of interest to crypto market players this week. They include: US…
10 months ago
Ethereum L2 Mantle (MNT) TVL Drops After Hitting All-Time High: Price Impact
Mantle (MNT), an Ethereum layer-2 (L2) project, has recently gained widespread attention. MNT, its native cryptocurrency, has also outperformed tokens from other blockchains in the same category. However, this analysis focuses on a recent change. Fall in Mantle TVL Drives Ripple Effects on the Network According to DeFiLlama, Mantle’s Total Value Locked (TVL) reached an all-time high of $636.50 million on July 24. TVL, as it is commonly called, measures the value of assets locked or staked in a protocol.…
10 months ago
Preparing Blockchain for Real-World Impact: PAW Chain’s Layer 3 Revolution
Blockchain technology has made significant strides over the years, but PAW Chain is setting a new standard with its innovative Layer 3 architecture. Designed to overcome the limitations of traditional blockchains, PAW Chain’s Layer 3 technology enhances scalability, security, and interoperability, making it a disruptive player in Web3. Unlocking Seamless Multi-Chain Integration A standout feature of PAW Chain’s new blockchain is its seamless multi-chain integration. This capability allows projects to deploy and operate across multiple blockchain networks effortlessly, eliminating the…
10 months ago
Brace For Impact: Ethereum Whales Send Over $205 Million To Coinbase
On-chain data suggests that some Ethereum whales might be jumping off the bandwagon amidst the ongoing tug-of-war between bulls and bears. This phenomenon has become increasingly evident as transaction data from whale trackers reveals a significant uptick in whale activity over the past 24 hours. The majority of these transactions are directed towards various crypto exchanges, indicating a possible shift in strategy or sentiment among these large-scale investors. Notably, on-chain transaction alerts from Whale_Alerts show that approximately $205 million worth…
10 months ago